Council details playground replacements and notes Legacy Park financing needs

During the budget presentation, staff identified proposed capital projects for parks: an inclusive playground at Saga Bay estimated at $351,000 and a Bair Park replacement estimated at $183,000 for combined site costs of about $550,000. Presentation materials show proposed funding of $220,000 from the town general fund and $330,000 from American Rescue Plan interest income.

Council and staff also discussed Legacy Park financing. The presenter said the town has "secured $37 million" and later described a $17 million additional financing need tied to final design choices; council described the project as a material factor in debt-service planning for the budget.

Mayor Marbot and other council members reiterated confidence in the towns financial stewardship and thanked staff for work on capital planning and budgeting.